What types of money are included in the M2 category? Check all that apply.

A new accountant at Windsor, Inc. is trying to identify which of the following amounts should be reported as the current asset "

seropon [69]

Answer:

The balance should Windsor report as its "Cash and cash equivalents" balance at April 30, 2017 is $19,410

Explanation:

The computation of the "Cash and cash equivalents" balance at April 30, 2017 is shown below:

= Currency amount + U.S treasury bill + check received in April month + checking account + saving account

= $70 + $11,100 + $300 + $2,730 + $5,210

= $19,410

The other given transactions would not be included because there is no outflow and inflow of cash for the April month. Hence, ignored it

5 0

3 years ago

Manual pipetting creates a musculoskeletal load on the neck, shoulders, and upper limbs. Which types of injuries can this lead t

OverLord2011 [107]

Manual pipetting creates a musculoskeletal load on the neck, shoulders, and upper limbs and the type of injuries that this can lead to is called REPETITIVE STRESS INJURIES. Hope this is the answer that you are looking for. Have a great day ahead!

7 0

3 years ago

Read 2 more answers

Northwestern Lumber Products currently has 17,500 shares of stock outstanding. Patricia, the financial manager, is considering i

SpyIntel [72]

Answer:

15,101.15 shares

Explanation:

Northwestern Lumber products has =17,500 shares of stock

The Manager Patricia considers issuing $135,000 of debt, at an interest rate of 6.6%

Let us find how many shares of stock will be outstanding once the debt is issued,

Given that

$65,000/17,500 = ($65,000 − 135,000(.066))/X

Then X = 15,101.15 shares

5 0

3 years ago

Schell Company manufactures automobile floor mats. It currently has two product lines, the Standard and the Deluxe. Schell has a

kenny6666 [7]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Schell has a total of $39,060 in overhead.

Direct labor hours:

Standard= 400

Deluxe= 200

Machine hours:

Standard= 4,150

Deluxe= 3,000

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

1) Direct labor hours as allocation rate

Estimated manufacturing overhead rate= 39,060/600= $65.1 per direct labor hour

Now, we can allocate to each product line:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Standard= 65.1*400= $26,040

Deluxe= 65.1*200= $13,020

2) Machine hour as allocation rate:

Estimated manufacturing overhead rate= 39,060/7,150= $5.46 per machine hour

Now, we can allocate to each product line:

Standard= 5.46* 4,150= $22,659

Deluxe= 5.46*3,000= $16,380

7 0

3 years ago

The Wiley Oakly Company has just gone public. Under a firm commitment agreement, Wiley received $21.39 for each of the 7.75 mill

Zarrin [17]

And I don’t know how you can get e

6 0

3 years ago